The Will of the People
Explore the concept of a constitution and its two main parts - membership and rules - as Michael Munger discusses the importance of voluntary participation and the ability to exit a group. Discover why being coerced voluntarily is crucial for freedom and how it relates to bilateral contracts.In this clip
From this podcast
EconTalk
Michael Munger on Choosing in Groups
Related Questions
What is the role of constitutions?
What is the role of constitutions in the episode Michael Munger on Choosing in Groups and the clip The Evolution of Rules?
What is the role of constitutions in the episode Does Market Failure Justify Government Intervention? (with Michael Munger) and the clip Expertise and Authority in relation to the episode Michael Munger on Choosing in Groups and the clip The Evolution of Rules?